How can this happen ? market cap would need to be 6X of the entire crypto space ? not saying its not possible but thats alot of money for one month..
RichardBranson
⋅
@dustinmccaslin, One important thing to understand about Market Cap is that Ripple is entering a market (Money transfer/money settlement) which transacts over 1 Trillion dollars per day which is a quadrillion dollars per year. Any company entering that type of market and successful would most likely have a market cap in the trillions of dollars. Bitcoin is not in that industry as all the other coins are not either. XRP has a totally different business model, entering a quadrillion dollar market. Their market cap should align with the market that they are entering as do all the rest of companies in the stock market, crypto space, etc.
ramonbenavides12
⋅
Good charting-Will watch....especially since Korea is sleeping right now.